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Review Article
World Journal of Advanced Research and Reviews, 2022, 15(01), 822-828
Received on 24 March 2022; revised on 14 July 2022; accepted on 17 July 2022
Machine to machine connectivity in banking processes with IoT devices linked with cloud have brought in lot of innovation in terms of productivity and customer satisfaction. But at the same time this integration carry out the harder security issues that need new approaches to solving. This hence shapes the subject of this piece where the author discusses the changes that have been witnessed in the IoT banking sector the major security threats as well as explain the difference between the traditional and the modern bank security. It discusses measures for protecting against risks such as Zero Trust Architecture, artificial intelligence, space discriminating technology known as blockchain, edge computing, and device identity and access management. It also looks into new topics like quantum-resistant cryptography, 5G networks, developments of AI and machine learning. The article carries out examples of such strategies applied by well-established financial organizations and discusses potential developments toward Cloud security advancements for IoT integrated banking systems.
Internet of Things (IoT); Cloud security; Banking systems; Zero Trust Architecture; Artificial intelligence; Machine learning; Blockchain technology; Edge computing
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Jeyasri Sekar. Innovative approaches to cloud security in IOT-enabled banking systems. World Journal of Advanced Research and Reviews, 2022, 15(1), 822-828. Article DOI: https://doi.org/10.30574/wjarr.2022.15.1.0387